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Get the free Saving vs. Investing: What's the difference?TD Canada Trust

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SavingMoneyReturn on Investment #19 Subtraction, division, percent, decimals, order of operations Often we put money into investments that fluctuate. We may not know what interest rate we are getting
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Saving is typically putting money into a savings account or other low-risk investment vehicles, while investing involves putting money into assets such as stocks, bonds, or real estate with the expectation of generating a return.
Individuals who have income from savings or investments are required to report it on their tax returns.
You can fill out the information on savings and investments on the appropriate sections of your tax return or consult a tax professional for assistance.
The purpose of saving and investing is to grow your wealth over time and achieve financial goals.
You must report any income earned from savings accounts, investments, dividends, capital gains, or interest on your tax return.
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